Has your debt increased lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried every thing.
In the majority of cases, your best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their customers, they can help you manage 80percent of your debt so that you can take few things off of your mind.
However, for certain people they believe these claims are too good to be true.
If you’re looking for any solution that could aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before beginning the review, watch this video instead for a more relaxing way for it to be watched.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company How To Claim Relief Measure Tax Return Filed January 31, 2021
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. But they offer other services that can aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings, you will learn more about your other options in your journey to be debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt will be the agency to answer all of your creditor’s calls. They’ll also be the ones that determine the terms of your repayment in accordance with the state of your financial situation. Depending on which works best to you, this could be either a lump sum settlement or a payment plan.
Moreover they will also be working with creditors so that you can get better rates when you deposit money to your savings account. This in turn, will process to pay off creditors. Their programs can assist you to settle the debt within 48 months.
Once you’ve signed up with them, they’ll provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your development.
Before you are able to avail the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills credit cards and also lines of credit. You can also approach them to settle any outstanding balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get support for most claims, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, if possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of the program is that you’ll only be charged when your debt is paid off. All you have to sign up to any of the plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial records They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve different types of taxes such as wage garnishments as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing and is dependent on the amount you have to pay.
They have different solutions in settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
While debt settlement is their specialty, they don’t cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without difficulty. Furthermore, this service is offered across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students negotiate any student loans that they have to pay.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Additionally, they don’t have high-cost costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
On average, this type of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debts within two to four years. This varies depending on the amount that you save per month.
Also, they claim you can save up to 30% by incorporating their costs into your calculations.
However, this statement will depend on your situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they charge only an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution, you can join their credit restoration program.
It’s a great way to restore your credit without having to go into debt again. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t increase over time. They’ll also investigate any violations of creditor with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you could delay you from getting rid of your obligations.
CureDebt does not offer a mobile application. Although they have a website that clients can access, it looks old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. Additionally their 20% service charge is less expensive than the majority of firms that charge a 25% fee. There are no upfront payments, and you will only have to pay when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to monitor your progress.
However, they have a great support team and can be reached them, not only via emails but by phone or by making an electronic ticket. How To Claim Relief Measure Tax Return Filed January 31, 2021
If the problem of debt is an issue right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your state.
FAQ How To Claim Relief Measure Tax Return Filed January 31, 2021
How long will it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can help you with problems such as late payroll tax issues and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with the team and pay the required payments to lower the amount of debt you have over time.